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Article

Procompetitive Effects of Mergers in the 2023 Merger Guidelines: What Counts and Where?

The authors provide an overview of the Agencies’ guidance for assessing procompetitive effects in merger evaluation, with a focus on changes in in the 2023 Merger Guidelines.

Article

Assessing the Potential for Incentives to Raise Prices in Multi-Sided Platform Mergers

The authors review the challenges of assessing anticompetitive pricing incentives in horizontal multi-sided platform mergers.

Article

2023 Merger Guidelines Addressing Potential Impacts on Workers

In this article from The Threshold, the authors recap an American Bar Association panel on theories of labor harm in mergers.

Article

Assessing Merger Guideline Feedback With Machine Learning

This article analyzes the results of large language model processing to reveal several important patterns in the comments to the draft merger guidelines.

Article

A Summary of Comments on the 2023 Draft Merger Guidelines

The authors review comments on the DMGs that relate to economic analysis of merger review.

Article

Q&A with Joanna Tsai

WWL interviewed Joanna Tsai of Cornerstone Research about working at the FTC, the evolution of merger analysis, and her advice for aspiring competition economists.

Article

Cross-Market Implications in FTC's Anesthesia Complaint

The authors discuss how precedents from this case could potentially provide a framework under which the FTC will challenge mergers.

Article

Antitrust Economics at a Time of Upheaval: Recent Competition Policy Cases on Two Continents

Cornerstone Research professionals and affiliated expert contributed chapters on recent mergers.

Article

If You Build It, They Will Come: Building an Efficiencies Case

The authors provide an overview of the opinion in United States v. Bertelsmann SE & Co. KGaA et al., and insights stemming from the decision to exclude merger efficiencies evidence.

Article

Selected Research and Writings of Aviv Nevo

The authors discuss Aviv Nevo’s research on contemporary merger review, as well as his writings on antitrust policy and regulation.

Article

Public’s M&A Comments Hold Clues for Agency Guidelines

The authors identify key areas of interest in comments that members of the public submitted to the FTC and DOJ.

Article

Evolving Antitrust Analysis of Hospital Mergers

The authors discuss how differences between patient and insurer perspectives could create "cross-market" effects.

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